Aroon Indicator for BTC.X shows an upward move is likely
BTC.X's Aroon Indicator triggered a bullish signal on January 12, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 442 similar instances where the Aroon Indicator showed a similar pattern. In 239 of the 442 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 54%.
Robot factory Trading Results for last 12 months
BTC.X
AI Robots (Signals Only)
AI Robot's Name P/L
Day Trader with Trailing Stops, Cryptos 7 (TA) 13.73%
Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 28, 2024. You may want to consider a long position or call options on BTC.X as a result. In 63 of 132 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 48%.
The Moving Average Convergence Divergence (MACD) for BTC.X just turned positive on January 29, 2024. Looking at past instances where BTC.X's MACD turned positive, the stock continued to rise in 28 of 59 cases over the following month. The odds of a continued upward trend are 47%.
BTC.X moved above its 50-day moving average on February 01, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a +1.42% 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in 212 of 445 cases, the price rose further within the following month. The odds of a continued upward trend are 48%.
BTC.X's Aroon Indicator triggered a bullish signal on January 12, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 442 similar instances where the Aroon Indicator showed a similar pattern. In 239 of the 442 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 54%.
Robot factory Trading Results for last 12 months
BTC.X
AI Robots (Signals Only)
AI Robot's Name P/L
Day Trader with Trailing Stops, Cryptos 7 (TA) 13.73%
Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 28, 2024. You may want to consider a long position or call options on BTC.X as a result. In 63 of 132 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 48%.
The Moving Average Convergence Divergence (MACD) for BTC.X just turned positive on January 29, 2024. Looking at past instances where BTC.X's MACD turned positive, the stock continued to rise in 28 of 59 cases over the following month. The odds of a continued upward trend are 47%.
BTC.X moved above its 50-day moving average on February 01, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a +1.42% 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in 212 of 445 cases, the price rose further within the following month. The odds of a continued upward trend are 48%.